However, the rules being issued Monday also set up a process to waive those requirements in case there are not enough U.S. producers or the material costs too much
The Biden administration is taking a key step toward ensuring that federal dollars will support U.S. manufacturing – issuing requirements for how projects funded by the $1-trillion bipartisan infrastructure package source their construction material.
President Joe Biden hopes to create more jobs, ease supply chain strains and reduce the reliance on China and other nations with interests that diverge from America’s. With inflation at a 40-year high ahead of the 2022 midterm elections, he’s betting that more domestic production will ultimately reduce price pressures to blunt Republican attacks that his $1.9-trillion coronavirus relief package initially triggered higher prices.
The administration could not say what percentage of construction material for existing infrastructure projects is U.S.-made, even though the federal government is already spending $350-billion on construction this year. The new guidelines would enable government officials to know how many dollars go to U.S. workers and factories.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden to require U.S.-made steel, iron for infrastructureThe Biden administration is taking a key step toward ensuring that federal dollars will support U.S. manufacturing -- issuing requirements for how projects funded by the $1 trillion bipartisan infrastructure package source their construction material.
Read more »
Biden to host Southeast Asian leaders for May 12-13 summitPresident Joe Biden will host leaders of the Association of Southeast Asian nations in Washington next month for a summit, the White House said Saturday.
Read more »
Biden to require U.S.-made steel, iron for infrastructureThe Biden administration is taking a key step toward ensuring that federal dollars will support U.S. manufacturing -- issuing requirements for how projects funded by the $1 trillion bipartisan infrastructure package source their construction material.
Read more »
Prayer, worship lift unaccompanied migrant teens in sheltersShelters and similar facilities across the southwest were set up by the Biden administration and its predecessors to deal with surges of minors crossing the U.S.-Mexico border without parents or guardians. For the faithful young people they hold, the clergy and volunteers who visit bring comfort and healing through the sacraments.
Read more »
Russia bears down on Mariupol as defenders shelter in Ukrainian steel plant | CBC NewsRussian forces pummelled a hulking steel plant that held the last pocket of resistance on Sunday in Mariupol, a southern Ukraine city that has suffered under siege for six weeks and whose capture would aid Moscow's plans for a full-scale offensive in the country's east.
Read more »
Edmonton councillors launch participatory budgeting project - Edmonton | Globalnews.caTwo Edmonton councillors have teamed up to launch the city's first participatory budgeting project.
Read more »